While Ethereum (ETH) managed to surpass PayPal’s position with a current market value of $ 316 billion, Bitcoin saw a market value decline of over 2% to $ 997 billion, bringing the dominance of this crypto king below 50%.
Yet what stole the spotlight was that the ABBC, AAVE and Phantom (FTM) tokens instead showed positive performance.
ABBC Coin (ABBC)
ABBC Coin, a crypto that highlights future payment securities to consumers is a relatively new name for the Intraday community.
Through its official Twitter account on April 22, Buyaladdin - an app similar to Shopee, home to several retailers such as Lazada, Amazon and Lelong.my has announced a program where winners have the chance to buy $ 100 worth of items with one ABBC unit.
The token has seen a jump starting April 21 from the price level of $ 0.12 to the latest high, $ 0.42 pm yesterday Malaysian time, making the token increase 250% in 9 days.
However, the currency is yet to be listed on most crypto exchanges and ABBC Foundation CEO Jason Daniel Paul Philip has promised to expedite ABBC's listing on well -known platforms.
Phantom (FTM)
The FTM surge was apparently driven by several interesting factors:
Digital asset management firm HyperChain Capital made an investment in Phantom, buying a large number of FTM tokens worth $ 15 million. For the record, HyperChain once invested $ 2.5 million into the ecosystem in 2018.
HyperChain also protects the network through its subsidiary, Hyperblocks which operates authentication nodes at Phantom.
The network improvement known as Go-Opera is considered a bonus to Phantom as it will improve network performance and sustainability, including a reduction in the rate of time taken.
Phantom is working with SuperFarm, Clover and Orion Protocol to further strengthen its offerings in the decentralized finance (DeFi) and non-fungible token (NFT) sectors.
The Afghan Railway Authority chose Phantom to improve efficiency and transparency including implementing the Enterprise Resource Planning blockchain software
The FTM price showed a 121% jump in 7 days from an intraday low, $ 0.33 on April 23 to an intraday high, $ 0.73. This is the second time Phantom has recorded the highest value after the all -time high (ATH) two months ago of $ 0.87.
Aave (AAVE)
AAVE reportedly launched a liquidity mining program on April 27 that has the potential to attract more investors and increase lending activity. The program is expected to run through July.
However, liquidity mining was only introduced in Aave V2, which would encourage investors to switch from the V1 protocol.
At the same time, there are rumors saying Aave plans to develop a social media protocol on DeFi.
Following that, the token price jumped to an intraday high of $ 486.71 on April 28 from $ 314.75 on April 25, bringing an increase of 54% in four days.
